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Flex Space with Yard
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1130 State Avenue, Owatonna, MN 55060

Two-building flex property in the B-2 Community Business district supports contractor, storage, and light manufacturing uses.

Property Size3,216 SF
Price / SF$108.52
Days on Market88

Property Features for 1130 State Avenue

General Information

Standard status Active
Size 3,216 SF
Property subtype Industrial, Land, Mixed Use

Building Details

Year Built 1979
Buildings 2
Listing Agency: Realty Growth Incorporated
Listed By: Robert Bucky Beeman · License #MN 40149580
Source: Crexi
Added: Aug 4 Changed: Oct 25 Last Checked: Oct 28 at 7:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Growth Incorporated

Rey
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Investment Insights

Based on property information with market context.

This flex property includes 3,216 square feet across two buildings on a 1.08-acre gravel lot. Constructed in 1979, the parcel provides a combination of enclosed light industrial space and outdoor yard area for contractor operations, equipment storage, or light manufacturing.

The property is located at 1130 State Avenue in Owatonna, Minnesota, within the B-2 Community Business district. Its building-and-yard configuration supports businesses that require both interior workspace and exterior storage capacity.

Key Highlights

  • 3,216 SF of flex space across two buildings
  • 1.08‑acre gravel lot with outdoor yard area
  • B‑2 Community Business district

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store HVAC Service Kitchen & Bath Showroom Skin Care Clinic Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

453
Businesses Nearby
Balanced
Demand for This Use

Demographics for 55060, MN

29,693
Population
12,631
Households
2.4
Avg Household Size
40
Median Age
31%
College-Educated
94%
High-School Grad
203.4 sq mi
ZIP Area
146
Density / Sq Mi
$83,848
Median Household Income
$49,325
Median Earnings
$1,018
Median Rent
$239,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • Torey's Restaurant & Bar — 208 N Cedar Ave, Owatonna, MN 55060

Frequently Asked Questions

What type of property is this?
Flex space - Two-building flex property in the B-2 Community Business district supports contractor, storage, and light manufacturing uses.
Where is this flex space located?
The property is located at 1130 State Avenue Owatonna, MN.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 3,216 SF of flex space across two buildings; 1.08‑acre gravel lot with outdoor yard area; B‑2 Community Business district
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